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2010 Market Review

Overall, the number of listings was up in all cities by 2.9%. Pelham/Fonthill listings are down by -4.7%.

Average sale price, overall, is up by 4.75%. All cities are in positive numbers for average price. See below.

Average Sale Price

%'age

To Dec. 31, 2010

2010

2009

Change

Area

12-Month

12-Month

12-Month

NOL

$456,826

$385,795

18.41%

Niag. Falls

$212,307

$205,410

3.36%

Fort Erie

$187,567

$183,655

2.13%

St. Catharines

$215,261

$206,390

4.30%

Thorold

$201,312

$191,112

5.34%

Pelham/Fonthill

$324,843

$306,854

5.86%

Welland

$176,994

$175,414

0.90%

Port/Wainfleet

$183,832

$181,971

1.02%

Linc/West Linc

$286,169

$274,520

4.24%

Overall, the number of sales was up by about 3.29%. Sales were down in Fort Erie (-.2%), Niagara-on-the-Lake (-4.2%), Port/Wainfleet (-2.6%).

Please note: Average sale price does not reflect the value of a home. This would require a market analysis of homes sold that compare to yours. As well, in certain areas of a city the average price may indicate a decline over the previous year.

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